1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ycow [4]
3 years ago
15

Which sentence best describes a regressive tax? A. Regressive taxes place a higher burden on people who earn less compared to we

althier tax payers. B. Regressive taxes place a higher burden on wealthy tax payers compared to people who earn less. C. Regressive taxes result in poor tax payers paying no taxes. D. Regressive taxes prevent tax rates from rising over time.
History
1 answer:
SCORPION-xisa [38]3 years ago
8 0

The correct answer is A.

A regressive tax is applied uniformly to all taxpayers. Therefore, every person pays exactly the same, but such payment means a higher burden for those taxpayers with a lower income. If you earn 100, paying 1 as tax doesn't mind a lot to you, but if you earned 10 it would mind much more.

The most important regressive tax is the value added tax (VAT), in which a certain percentage of the price paid for a product is charged on top as a tax. If you buy rice, the percentage charged as VAT is the same for all consumers, but that amount of money would mean more to a humble shop owner than to the US president, for example.


You might be interested in
What was Schenck v. United States lower court verdict. Was there a lower court verdict or did that case go straight to the Supre
Paha777 [63]
Schenck v. United States was a Supreme Court case about the enforcement of the Espionage Act of 1917. I believe the case went straight to the Supreme Court and resulted in the Court's ruling that the criminal conviction of Schenck was in fact constitutional.   
5 0
3 years ago
Question 12 of 20
NikAS [45]
Your answer should be A
5 0
2 years ago
When the Portuguese first reached the African east coast, trade between Africa and the Middle East and India was controlled by:
Kobotan [32]
By the Dutch and English I think?
4 0
3 years ago
Read 2 more answers
How did trade along the Silk Road contribute to employment?
harina [27]

Answer:

<u>Traders hired more craftspeople to build vehicles for caravans.</u> - Businesses hired more people to make enough goods to trade. - Governments hired more workers to collect taxes from traders.

3 0
2 years ago
Read 2 more answers
True or False: The Mexican government welcomed American traders.
Rudiy27

Answer:

false

Explanation:

5 0
3 years ago
Read 2 more answers
Other questions:
  • Where did the Indus Valley civilization begin?
    6·1 answer
  • Which location served as washington’s winter quarter in 1777 and 1778
    9·2 answers
  • Contextualization is when
    12·1 answer
  • What were bill Clinton’s achievements during his presidency. Select all that apply
    11·1 answer
  • How did Sultan Mehmet II adopt new technological advances in his siege of Constantinople? (1 point)
    9·1 answer
  • What two things did president washington warn our nation about that would lead to drama and feature problems?
    11·1 answer
  • Choose all of the things below that were changes due to industrialization.
    10·1 answer
  • In the third line, the words "The ship is anchor'd safe and sound" gives an example of _____.
    7·1 answer
  • KriDeriu3Meganes
    10·1 answer
  • Will give brainiest. What source of power did the first factories use?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!